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Natural gas
* Gaseous mixture of naturally occurring hydrocarbons
* After processing: used for power generation, residential,
fertilizers, manufacturing, transportation (still very limited)
What do we get from oil?
1 barrel = 42 gallons of
crude oil
83% becomes fuel
Gasoline, diesel, jet fuel,
heating oil, and liquefied
petroleum gas (propane
and butane)
17% other
Solvents, fertilizers, * These add up to 44.6 gallons
pesticides, plastics because volume is increased during
the refining process.
Reserves vs. Resources
Reserves are natural resources that have
already been discovered and can be exploited
for profit today
Resources are deposits that we know of (or
believe to exist), but are not exploitable today
Example: oil reserves ~1.2 trillion barrels, oil
resources ~2 trillion barrels
Top 5 countries
Oil production
to date (since ~1860)
USA
Current rate of
FSU
KSA oil production
Iran FSU/KSA Remaining
Venezuela KSA/FSU oil reserves
USA
KSA
Iran
Iraq
China
Iran
Kuwait
FSU = former Soviet Union
UAE/Venez
KSA = Kingdom of Saudi Arabia
UAE = United Arab Emirates
Petroleum has been used by humans for
millennia, originally for fires and
warfare. In the Middle East, oil fields
were exploited by the 8th century CE.
GEOCHEMICAL
Microseeps survey
Source rock studies
GEOPHYSICAL
Magnetometer surveys
Gravity surveys
Seismic surveys
World Oil Consumption Predictions
PAKISTAN SCENARIO
Main Explored Areas and Landmark Discoveries
23
Zone Map of Pakistan
N.W.F.P
J&K
Disputed
Territory
Punjab
ONSHORE
ZONE-II
ZONE-I: (High Risk High Cost)
ZONE-II
West Balochistan, Pashin and PotwarBasins
ZONE-I ZONE-II: (Medium Risk High to Medium Cost)
Kirthar, East Balochistan, Punjab platform
ZONE-III and Sulaiman Basins
Balochistan Sindh ZONE-III: (Low Risk Low Cost)
Lower Indus Basin
ZONE-O OFFSHORE
Shallow